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Nov 29, 2012
11/12
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oh my goodness deficit deficit deficit, fix the tax code, and what are they proposing lowering their own taxes. it's a sham and they ought to be rolled out of town if people understand what they were talking about. >> if people are worried about how they're going to take care of the homeless, how schools will be able to accommodate 30 kids in the class rom how people will be able to make ends meet when unemployment disappears. they can't be here. they can't afford it. they come here and write it off in their taxes $20 million a year ceos from these corporations, and continue to spread the hysteria and--and if their plan goes through the austerity plan, they and their company and their bonuses are actually the only thing that is going to improve in this economy. >> eliot: as they have over the past couple of years. income disparity is worse and worse and incomes are going up. lloyd blankfein telling people that they people should not expect to work for 25 years and then retire for 30. i don't think he understands what social security is all about. >>> the hispanic caucus said no today
oh my goodness deficit deficit deficit, fix the tax code, and what are they proposing lowering their own taxes. it's a sham and they ought to be rolled out of town if people understand what they were talking about. >> if people are worried about how they're going to take care of the homeless, how schools will be able to accommodate 30 kids in the class rom how people will be able to make ends meet when unemployment disappears. they can't be here. they can't afford it. they come here and...
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Nov 28, 2012
11/12
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that's the real deficit that we need to worry about right now. for example jeffrey is part of this group. going around talking about cutting social safety net. his predecessor from the 20s and 40s owen young talked publicly about economic equality. he actually talked about how a man could not be free unless his wages were good. unless he was secure in his future and secured his retirement. it is a very different tune. >> eliot: let's make an important point. would the gold blankfein's of the world acknowledge there was some disparities the ratio of ceo to comp that was crazy and they said we're going to pare that back. >> the compensation is out of whack. we got bailed out. we haven't been criminally prosecuted. the stock market has doubled. stock market has doubled under the obama administration. who we don't like. who we fought valiantly to try to defeat. they would have a lot more credibility if they said that. again, i made the argument that you know, whatever it is, the business of the american people, you know, used to be general motors. it
that's the real deficit that we need to worry about right now. for example jeffrey is part of this group. going around talking about cutting social safety net. his predecessor from the 20s and 40s owen young talked publicly about economic equality. he actually talked about how a man could not be free unless his wages were good. unless he was secure in his future and secured his retirement. it is a very different tune. >> eliot: let's make an important point. would the gold blankfein's of...
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Nov 28, 2012
11/12
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are also going to have to step up here and do some tough things, and the notion that somehow these deficits and our debt are not a threat to our national security and economic future is something i could not disagree with more strongly. there are some commentators on the left that suggest that. >> cenk: it's threat to national security. look, i want to balance the budget, right, but it's not a threat to national security. if oh, my god what if the interest rates go up, but they're at record lows. this is just fear mongering. it's republican talking points. and then second of all you're setting up a straw man. nobody's saying don't balance the budget. the question is how how do you balance it? they always send out a straw man, oh, well, see that commentators on the left don't want to compromise. they do want to. the question is what's in the compromise. the if you notice, the most important thing he said there they're going to have to go after entitlement programs. >> i think what we need to do and the president believes let's go for the big deal, for a 10-20 year period for the first time i
are also going to have to step up here and do some tough things, and the notion that somehow these deficits and our debt are not a threat to our national security and economic future is something i could not disagree with more strongly. there are some commentators on the left that suggest that. >> cenk: it's threat to national security. look, i want to balance the budget, right, but it's not a threat to national security. if oh, my god what if the interest rates go up, but they're at...
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Nov 27, 2012
11/12
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it is not currently a driver of the deficit. that's an economic fact. >> we've been open to revenue by closinging loopholes as long as it's tied to spending cuts. >> as long as it's mitt romney's plan. that's what we're for. >> stephanie: what? you're acting like, it's almost like a hostage crisis. like they don't have the gun and are issuing demands. like what? >> what are you talking about? >> stephanie: exactly. mike in philadelphia, you're on the "stephanie miller show." hi, mike. >> caller: hi, steph how are you doing? >> stephanie: good, go ahead. >> caller: eric con tore brought obamacare back on the table. they won't leave that alone. >> stephanie: no, they are just the sorest losers in the world. it's like he won he won at the supreme court he won at the ballot box again moving on, we are not repealing obamacare. like really? the white house warned monday that american consumers will spend $200 billion less if the looming fiscal cliff is not averted and tax hikes are not spread across the board. the economy would take a
it is not currently a driver of the deficit. that's an economic fact. >> we've been open to revenue by closinging loopholes as long as it's tied to spending cuts. >> as long as it's mitt romney's plan. that's what we're for. >> stephanie: what? you're acting like, it's almost like a hostage crisis. like they don't have the gun and are issuing demands. like what? >> what are you talking about? >> stephanie: exactly. mike in philadelphia, you're on the...
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Nov 27, 2012
11/12
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social security does not contribute to the debt or deficit. it is not part of our deficit driver. it is an issue that can be solved. look, we did see it in the '80s, some tough medicine. everybody took it but it extended the life of social security for decades. we could do that again. it shouldn't be on the table and look, as it relates to medicare, let's remember this president extended the life of medicare through the affordable care act. these people are still talking about eliminating affordable care act or putting cuts to the affordable care act on the table when the affordable care act is helping bring the deficit down. >> bill: give it up. not to mention -- >> the election's over. the environment has changed. >> bill: thank you. i haven't heard one republican yet say they will vote to end the bush tax cuts for the wealthiest of americans. so what has changed? >> not one. >> bill: for them, not much. brad woodhouse in studio with us. communications director for the dnc. join the conversation any time at 1-866-55-press or on twitter or facebook. we'll be right back. >> announ
social security does not contribute to the debt or deficit. it is not part of our deficit driver. it is an issue that can be solved. look, we did see it in the '80s, some tough medicine. everybody took it but it extended the life of social security for decades. we could do that again. it shouldn't be on the table and look, as it relates to medicare, let's remember this president extended the life of medicare through the affordable care act. these people are still talking about eliminating...
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Nov 21, 2012
11/12
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we have a big budget deficit out there. somebody has got to pay more taxes and some spending has got to be cut. if it's not the wealthy paying more taxes and these are wealthy, remember, who in living memory have never taken home a larger share of total income and wealth in living memory, have never paid an effective tax rate that's as on their breath and income, these are the wealthy who are putting over something on everybody else. if they don't pay more, everybody else has to pay more. >> eliot: somebody's gotta pay it. i think the affirmative shift here is that the deal that the president offered last summer that was rejected by speaker boehner had a ratio of 10-1 cuts to revenue. the republicans said no way. we're not doing that. now we're essentially talking about something that's 2-1 and the republicans are acknowledging the revenue has to be raised. that's a sea change. >> that's progress. progress comes directly out of something called an election. >> eliot: that's right. those are good things, we think. >> undoubt
we have a big budget deficit out there. somebody has got to pay more taxes and some spending has got to be cut. if it's not the wealthy paying more taxes and these are wealthy, remember, who in living memory have never taken home a larger share of total income and wealth in living memory, have never paid an effective tax rate that's as on their breath and income, these are the wealthy who are putting over something on everybody else. if they don't pay more, everybody else has to pay more....
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Nov 28, 2012
11/12
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it is a $4 billion package of cuts to the deficit a combination of spending cuts and new revenue and about $2 trillion of that coming from getting rid of the bush tax cuts. at the same time while getting rid of the tax cuts for the wealthiest 2% of americans letting the tax cuts for 98% of americans continue because the middle class do need the help and the wealthiest people do not. so to get there of course, and by the way let's back up, right. the president put forth his plan on november 6th and mitt romney put forth his plan and the american people said no, we don't like that romney way of going which is to continue to coddle the rich. we agree with president obama. so now the negotiations are underway. about how to avoid going off the fiscal cliff. and what is the president doing? yesterday, he met with small business leaders. at the white house. the white house met with leaders of jack lew, the chief of staff. met with leaders of the chamber of commerce. today the president is meeting with some middle class americans who would be severely impacted if the middle class tax cuts we
it is a $4 billion package of cuts to the deficit a combination of spending cuts and new revenue and about $2 trillion of that coming from getting rid of the bush tax cuts. at the same time while getting rid of the tax cuts for the wealthiest 2% of americans letting the tax cuts for 98% of americans continue because the middle class do need the help and the wealthiest people do not. so to get there of course, and by the way let's back up, right. the president put forth his plan on november 6th...
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Nov 28, 2012
11/12
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president obama talks about his plan to reduce the deficit by raising taxes on top earners today. this part should not be a tough sell for the president especially with the general public. abc "washington post" conducted a poll that reaffirms that 60% say let's do it. while it's mostly democrats and independents in favor, 40% of republicans agree to do it as well. that should give republicans some room to negotiate. tom call from oklahoma tells politco-that he thinks we should extend tax cuts and change the tax for top earners at a later date. taxes could go up but that does not constitute voting for a tax increase. a meeting with a big list from goldman sachs we're back after the break. as i looked out across the battlefield at antietam. i saw the future of one great nation. but only barely, because the sun was like, way in my grill. george mcclellan, the general, hands me his pair of foster grant sunglasses, and i could see! my wife, mary todd, found them so fetching. >> he looked so fine i started to call him babe-raham lincoln. >> i was like, mary, please. >> you look like a b
president obama talks about his plan to reduce the deficit by raising taxes on top earners today. this part should not be a tough sell for the president especially with the general public. abc "washington post" conducted a poll that reaffirms that 60% say let's do it. while it's mostly democrats and independents in favor, 40% of republicans agree to do it as well. that should give republicans some room to negotiate. tom call from oklahoma tells politco-that he thinks we should extend...
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Nov 26, 2012
11/12
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these big tax breaks contributed to the debt problem, the two false wars created the deficit. we need to lock arms and walk up to the cliff and see what it is all about. >> bill: arnold you got it. alan in new bedford mass. >> caller: good morning, bill. i think there are two separate issues. the bush tax cuts were to expire in 2010. they were only extended was because of [ inaudible ]. period. >> bill: yeah, that was all over the debt ceiling negotiations. the president went along with it, but it's time to end them now. they are still making the argument that that is a job creator. no, it's not. no, it's not. >> announcer: this is the "bill press show." ♪ >> announcer: chatting with you live at current.com/bill press. this is the "bill press show," live on your radio and current tv. >> bill: how about it coming to you live indeed. coming you live on cirrus xm this hour only and on current tv. republicans talking out both sides of their mouth. on one side they are saying hey yeah, we realize we have to raise revenues. but huh-uh but we're not going to raise tax cuts on the w
these big tax breaks contributed to the debt problem, the two false wars created the deficit. we need to lock arms and walk up to the cliff and see what it is all about. >> bill: arnold you got it. alan in new bedford mass. >> caller: good morning, bill. i think there are two separate issues. the bush tax cuts were to expire in 2010. they were only extended was because of [ inaudible ]. period. >> bill: yeah, that was all over the debt ceiling negotiations. the president went...
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Nov 21, 2012
11/12
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cutting it doesn't change the deficit or debt picture. a year or two of extra work, think progress writes may not seem like much with his cushy corner office. for a factory worker or janitor it can be real problems. life expectancy is longer. >> you can't afford a little hike in your taxes? really? >> stephanie: no. >> can i make a request? can we take justin on line one? i want to hear this. >> stephanie: okay. justin in huntington beach. you're on "the stephanie miller show." hi justin. >> caller: hey, guys, how you doing? i don't know if this makes me the world's best father or the world's worst father because my son and i basically raised him watching your show. so but what's really funny is every time he hears reince priebus, he says reince priebus. it doesn't matter whether it is on the radio or in the car. it is pretty hysterical. >> reince priebus. >> stephanie: i'm sorry. do it again justin. >> really loud. reince priebus. [ laughter ] >> stephanie: what's his name? >> his name is logan. >> stephanie: logan. >> caller: if i can d
cutting it doesn't change the deficit or debt picture. a year or two of extra work, think progress writes may not seem like much with his cushy corner office. for a factory worker or janitor it can be real problems. life expectancy is longer. >> you can't afford a little hike in your taxes? really? >> stephanie: no. >> can i make a request? can we take justin on line one? i want to hear this. >> stephanie: okay. justin in huntington beach. you're on "the stephanie...
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Nov 29, 2012
11/12
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but the other thing is remember this continued tax cut for the middle class is part of a deficit reduction package so the president is very much focused on getting rid of that debt and getting it off the backs of our kids but in the meantime, it is not necessary to raise tax rates on the middle class in order to get there. and if we did raise taxes on the middle class, it is not going to get us that far down the road. what will really get us down the road is getting back to the regular tax cuts, having the wealthiest of americans pay their fair share. letting the 2% go back up from 35% to 39% which they were under bill clinton. one final my2k story from doug up in vancouver washington. what do you say? >> caller: hey bill. let me put my bong down real quick here. [ laughter ] >> caller: you know, there is a certain bunch of us here that think that they're going to get us on entitlement. that's all they keep talking about. nobody's mentioning the military. so i'm with the other caller, the gal before that said let's go over the cliff. you're going to screw us anyway, you know what? everybod
but the other thing is remember this continued tax cut for the middle class is part of a deficit reduction package so the president is very much focused on getting rid of that debt and getting it off the backs of our kids but in the meantime, it is not necessary to raise tax rates on the middle class in order to get there. and if we did raise taxes on the middle class, it is not going to get us that far down the road. what will really get us down the road is getting back to the regular tax...